#AGT Market Structure: Bearish
Price got rejected from the resistance zone (~0.0550) multiple times.
Clear rejection wicks → sellers are strong at the top.
Formation of a lower high confirms trend weakness.
📉 Trend Behavior:
After rejection, price started forming:
Lower highs
Lower lows
➡️ This confirms a downtrend (bearish structure)
🔽 Current Move:
Strong bearish momentum pushing price down.
Candles show consistent selling pressure with small pullbacks.
🟦 Key Levels:
Resistance Zone: ~0.052 – 0.055
Support Zone: ~0.032 – 0.034
⚡ What Next?
If support holds → possible short bounce (dead cat bounce).
If support breaks → more downside continuation expected 📉
🧠 Trade Idea:
Short entries: On pullbacks toward resistance
Target: Support zone or below
Invalidation: Strong breakout above resistance
